facebookI'm a NSF getting around $600 per month. I have about $1000 of other income source. Investing in Nikko Am STI ETF, ABF Singapore Bond Index and Smartly. 10k in SSB. And about 6k in CIMB Fastersaver. What else can I do? ? - Seedly
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Anonymous

16 Feb 2020

I'm a NSF getting around $600 per month. I have about $1000 of other income source. Investing in Nikko Am STI ETF, ABF Singapore Bond Index and Smartly. 10k in SSB. And about 6k in CIMB Fastersaver. What else can I do? ?

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    Discussion (4)

    What are your thoughts?

    Yes, congratulations.

    The STI lagged f.ex. the U.S. S&P 500 (U.S. market = leading market in the world) importantly, you may consider to diversify Your equity allocation to more countries, particularly the U.S., or how about an MSCI World ETF (f.ex. large & cheap ticker: VT)?

    See STI versus SP500 10 year performance:

    More on my thinking here (though some strategies risky, so think for yourself ...):

    https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy​​​

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      Goh Kah Kiat

      Goh Kah Kiat

      07 Jun 2018

      Level 5·Editor-in-chief at Risknreturns.com

      You have a great start compared to your peers. I think you just need to increase your income source from future full time work and you should be fine. Given your interest in index investing, I'll refrain from recommending active stock investing to increase your returns.

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        Gabriel Tham

        Gabriel Tham

        07 Jun 2019

        Level 14·Tag Team Member at Kenichi Tag Team

        Wow that's great! I think the bottleneck you face is income source. But that will improve when you O...

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